Five core of Elliott Wave Patterns

The Elliott Wave Patterns divide into two mode of price movement; Motive mode and Corrective mode.

Motive mode patterns move in the same direction of the trend while Corrective mode patterns move in the opposite direction of the trend.

Motive patterns consist of Impulse wave pattern and Diagonal wave pattern. Corrective pattern consist of Zigzag, Flat and Triangle wave pattern.

In brief, there are five core of Elliott Wave Patterns; Inpulse, Diagonal, Zigzag, Flat and Triangle.

Below is the Elliott wave patterns in the real charts.


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